So much for the hype…and the tickets

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SO MUCH FOR THE HYPE...AND THE TICKETS
NOT SUCH A BIG FIGHT: Ticket prices keep thousands away. Photo credit: Vimeo

IN SPITE of all the hype and the promotion of the event, the expected ‘record breaking’ revenue for the Conor McGregor and Floyd Mayweather fight last month fell someway short.

According to figures released by the Nevada State Athletic Commission the bout took $55,414,865.79 (€46,000,000) which is well below the record gate money taken when Mayweather took on Manny Pacquiao in February 2015.

Many times during the build-up to the fight, those involved in its promotion appeared to be in no doubt whatsoever that it would break records, including for the gate.

However, the numbers do make it the second highest grossing fight in Nevada history, $35 million ahead of Mayweather’s 2013 fight against Canelo Alvarez.

Seven of the top eight largest grossing gates in Nevada’s history include a fight involving Floyd Mayweather. Only Lennox Lewis and Evander Holyfield’s 1999 fight break Mayweather’s monopoly on the top eight.

The main reason why the fight did not hit the expected numbers is said to be the cost of the tickets. Only 13,094 were sold for the event, with a further 137 of those in attendance receiving complimentary tickets. The T-Mobile Arena, where the fight was held, has a capacity of 20,500.  Ticket prices ranged from $500 to $10,000 – undoubtedly a considerable factor in 36 per cent of the arena’s seats being empty.

Pay-per-view numbers for the fight have yet to be released, although sources suggest it attracted around $6.5m (€5m).

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